Wednesday, August 19, 2009

Downtown Edmonton Real Estate

Downtown and Oliver - 14 days condos market update

The prices and inventory remain stable .
There are currently 296 condos for sale up by a notch from 293 from July, 248 under 500K and 48 above that range. The average list price of the units is 285,407 / 309 per sq.foot.

In the first two weeks of August, 32 condos have sold under 500K and none above that price with an average list price of 286,809 / 288 per sq.foot. The average sold price was 277,750 / 279 per sq.foot just slightly lower from 281 per sq.foot in July. The average sold-to-list price was 96% and days-on-market ratio was 50.

All numbers are based on condos for 500K and less to get a better averages.

Data provided by REALTORS® Association of Edmonton
Created by Derek Hulewicz, Coldwell Banker Johnston

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